1. Annual report 2015
  2. Board of Directors' report
  3. Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT (1 000 €) Note 1.1.-31.12.2015 1.1.-31.12.2014
Net sales 1 1,231,415 1,367,227
Change in inventories of finished goods and work in progress -8 3
Production for own use 18,957 30,717
Income from associated companies 1,173 103
Other operating income 2 60,155 60,038
Materials and services 3 -362,580 -407,477
Personnel expenses 4 -491,304 -550,418
Depreciations, amortizations and impairment losses 5 -117,819 -118,175
Other operating expenses 6 -274,623 -291,639
Expenses, total -1,246,326 -1,367,710
Operating profit 7 65,366 90,378
Financial income and expenses 8 -1,750 -5,089
Profit before taxes 63,617 85,289
Income taxes 11 -12,893 -17,164
Minority interest -683 -550
Net profit 50,041 67,576